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NIH Extramural Loan Repayment Programs An Overview: 2008 By Division of Loan Repayment

NIH Extramural Loan Repayment Programs An Overview: 2008 By Division of Loan Repayment Office of Extramural Research/Office of Extramural Programs National Institutes of Health U.S. Department of Health and Human Services. Introduction. You: Commit to perform research for initial 2 years.

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NIH Extramural Loan Repayment Programs An Overview: 2008 By Division of Loan Repayment

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  1. NIH Extramural Loan Repayment Programs An Overview: 2008 By Division of Loan Repayment Office of Extramural Research/Office of Extramural Programs National Institutes of HealthU.S. Department of Health and Human Services

  2. Introduction You: Commit to perform research for initial 2 years NIH: Repays up to $35,000 per year of your qualified educational debt and covers the resulting taxes Increase nation’s workforce of biomedical research scientists

  3. Tuition and Young Physician Indebtedness • Medical school tuition growth (1984-2004, Median tuition and fees) • 165% increase for privatemedical schools • 312% increase for public medical schools • Medical student debt growth (1984-2006, Median debt level) • Public Medical School Students • $22,000in 1984 • $120,000in 2006 • Private Medical School Students • $27,000in 1984 • $160,000 in 2006

  4. Five Extramural LRPs • Clinical Research • Pediatric Research • Health Disparities Research • Contraception and Infertility Research • Clinical Research for Individuals from Disadvantaged Backgrounds

  5. LRP Benefits and Terms Benefits • Up to $35,000 per year in loan repayments, depending on debt level • Reimbursement of Federal, state, and local taxes resulting from NIH loan repayment • LRP awards are portable and can be transferred Terms • Initial: 2 years • Renewal Options: 1 and 2 years

  6. Eligibility • Doctoral degree (M.D., Ph.D., or equivalent) • Funding for research at anydomestic nonprofit, university, or government organization • Educational loan debt equal to at least 20% of your annual salary • Conduct research for an average of 20 hours/week • U.S. Citizen or permanent resident *NIH grant or award support NOT required*

  7. Qualifying Loans and Repayment • NIH will repay: • Educational loans backed by the U.S. Government • Educational loans from accredited U.S. academic institutions and commercial lenders • Note: Full-time NIH employees are eligible for Intramural LRPs

  8. Online Information and Application www.lrp.nih.gov Annual Application Cycle September 1 - December 1

  9. LRP Peer Review Criteria • Previous training and experience • Commitment to a research career • Recommendation letters • Research independence • Research environment and facilities • Assessment of research progress during initial contract term (for renewal applications)

  10. Contact Information • Visit our Website: www.lrp.nih.gov • Call the DLR Information Center: (866) 849-4047 • Send an E-mail to: LRP@nih.gov • Sign up for the LRP Listserv on the LRP Website

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